Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears0

• Economy
• January 9, 2023

Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish rhetoric from the Federal Reserve will help spur a recovery in crude demand this year. China reopened its international borders for the first time since 2020, a clear indication that the